The UK’s Department of Transport is launching a £10m (US$12m) fund for English ports in the run up to the October 31 to help prepare for the potential new processes and possible congestion which could arise in the event of a ‘no deal’ Brexit.
Ports will be able to bid for grants of up to £1m (US$1.2m) each for infrastructure improvements as part of the Port Infrastructure Resilience and Connectivity (PIRC) competition, which will be open until September 6.
However, Tim Morris, CEO of the UK Major Ports Group, claimed the time frame for the implementation and the small size of the fund would limit its benefit to ports.
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